Bowen House, located on the corner of Lambton Quay and Bowen Street, Wellington offers 22 levels of office space.
The building is fully leased by New Zealand Parliament and is currently undergoing redevelopment.
Bowen House
space
Office
location
1 Bowen Street
Opportunity
Fully-Leased
Welcome to 1 Bowen Street.
Property Overview
Property type
A-grade
Levels
22
Precinct ownership
100%
Year built
1990
Last refurbishment
2023/2024
Net lettable area
~14,200sqm
Typical floorplate
580~780sqm
Carparks
80
Key tenants
MBIE
Weighted average lease term
15 years
Green Star rating
Targeting 5 star As Built
NABERSNZ Energy rating
Targeting 5 star Base Building
Occupancy
100%
Estimated value
$160m
Renewable Electricity (RECs coverage for Base Building)
100%
Energy Source
100% Electric
Upfront carbon (A1-A5) - Refurbishment in FY25
~226 kg CO2-e/m2 (TBC at As Built)